Common use of Budgets, etc Clause in Contracts

Budgets, etc. Not more than 90 days after the commencement of each fiscal year of the Borrower, a consolidated budget of the Borrower and its Subsidiaries in reasonable detail for each of the four fiscal quarters of such fiscal year as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 7.01(a), (b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Federal Data Corp /Fa/)

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Budgets, etc. Not more than 90 60 days after the commencement of each fiscal year of the Borrower, a consolidated budget budgets of the Borrower and its Subsidiaries in reasonable detail for each of the four fiscal quarters of such fiscal year and for the immediately succeeding fiscal year taken as a whole, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 7.01(a), (bSection 7.01(b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Safelite Glass Corp)

Budgets, etc. Not more than 90 30 days after the commencement of each fiscal year of the BorrowerParent, a consolidated budget of the Borrower Parent and its Subsidiaries (x) in reasonable detail for each of the four fiscal quarters twelve months of such fiscal year and (y) in summary form for each of the four fiscal years immediately following such fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 7.01(a8.01(a), (b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (de) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Tristar Aerospace Co)

Budgets, etc. Not more than 90 30 days after the commencement of each fiscal year of Holdings (90 days in the Borrowercase of the fiscal year commencing January 1, a consolidated budget 1997), budgets of the Borrower and its Subsidiaries in reasonable detail for each of the four fiscal quarters of such fiscal year year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 7.01(a), (bSection 7.01(b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Inc)

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Budgets, etc. Not No more than 90 60 days after the commencement of each fiscal year of the BorrowerCompany, a consolidated budget budgets of and for the Borrower Company and its Subsidiaries in reasonable detail for each of the four fiscal quarters of such fiscal year and an annual budget for the immediately succeeding fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 7.01(a), (bSection 7.01(b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Samples: Revolving Credit Agreement (Superior Telecom Inc)

Budgets, etc. Not more than 90 60 days after the commencement of each fiscal year of the Borrower, a consolidated budget budgets of the Borrower and its Subsidiaries in reasonable detail for each of the four fiscal quarters of such fiscal year and for each of the four fiscal quarters of the immediately succeeding fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections Section 7.01(a), ) and (b) [and (c)], a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (dc) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

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